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Search Results 0 to 27 of about 28 (some duplicates have been removed)
on the fateful history which bob is so well chronicled. tom was previously with mortgage guaranty insurance corporation, asset-backed capital research, and wholesale access research and consultancy firm. tom issued early warnings of the increasing risk at fannie mae, about which he was correct, and, of course, ignored. our second discussing, ed pinto is a former executive vice president and chief credit officer of fannie mae, so he's lived in part of his history. as an aei fellow ed has considered groundbreaking research on the contributions of government housing policy for the mortgage crisis. two of his key research papers were submitted to the financial crisis inquiry commission. he is now developing policy considerations, options including countercyclical mortgage policies, an improved understanding of real estate values with appraisals as steps for rebuilding the housing sector. tom, you are first and we're looking forward to your comments. >> good evening. it's a pleasure to be with all of you. my thanks to alex and ed and aei for sponsoring this forum. it's a pleasure to see bob agai
to republican senator bob corker. >> there is a growing group of folks that are looking at this and realizing we don't have a lot of cards as it relates to the tax issue before year end. a lot of people are putting forth a theory and i actually think it has merit where you go in and give the president the 2% increase that he's talking about, the rate increase on the top 2% and all of a sudden the shift goes back to entitlements. >> so senator corker, john, is part of a growing number of republicans who are saying that. let's cave on income tax rates. maybe not go all the way up to where the white house and senate democrats want. but let's give some on this so we can talk about entitlement reform, reforming medicare, reforming social security. this came on the heels of some developments on friday. remember house speaker john boehner came out and said i have no progress. this isn't a progress report. i have no progress to report. but then you also saw maybe the white house signalling that they're negotiable on just how much the rates go up because senator joe biden indicated that as well. >> and m
with you later in the program. >>> for now, we're joined by bob parker on set, senior adviser at credit suisse. bob, welcome. >> thank you. >> what do you make of this? is there any way that this is a positive in terms of perhaps opening the door towards mon at the monte serving in some sort of government? >>. >> i am assuming we're going to have a election probably in the second half of january. we're talking about a position of somewhere between 12 and 17% of the vote. so subsequently, i think fears that berlusconi may come back seem to be misplaced. i think if everyone looks at the last year and a half of what the monte government has achieved in italy, you have to be impressed. we have a strong budget climate surplus. the overall budget has come in dramatically. we've had well fare reform, pension reform. there's further work to be done on the competitiveness of italy. >> i can't tell you how much investors have been talking bullishly about italy. we know it's the eurozone's third biggest economy. obviously what happens in italy is important. they've been saying if anything the prob
, bob. you found a better way to pack a bowling ball. that was ups. and who called ups? you did, bob. i just asked a question. it takes a long time to pack a bowling ball. the last guy pitched more ball packers. but you... you consulted ups. you found a better way. that's logistics. that's margin. find out what else ups knows. i'll do that. you're on a roll. that's funny. i wasn't being funny, bob. i know. you won't take our future. aids affects us all. even babies. chevron is working to stop mother-to-child transmission. our employees and their families are part of the fight. and we're winning. at chevron nigeria, we haven't had a reported case in 12 years. aids is strong. aids is strong. but we are stronger. and aids... ♪ aids is going to lose. aids is going to lose. ♪ >>> moments like this when everybody is terrifieda our economy coiled slide back into a government induced recession next year, i got to start looking at high quality companies that are immunized against this slow economy. for instance biotech companies that can thrive even during a recession. because that's the typ
on the wealthy, the top 2%. listen now this is your colleague, senator bob corker of tennessee. you'll hear him use the word folks, we believe he's talking about his fellow republicans, such as yourself. take a listen. >> if there is a growing group of folks looking at this and realizing we don't have a lot of cards as it relates to the tax issue before year end, a lot of people are putting forth a theory and i actually think it has merit where you go and give the president the 2% increase that he's talking about, the rate increase on the top 2%, and all of a sudden the shift goes back to entitlement. >> senator snowe, i've read that you've expressed similar sentiments. do you sense more republicans moving in that direction? >> well, at least from the standpoint that, you know, it is possible that what could happen is that we pass the tax cuts for the middle class, that's what, you know, i've been -- get that off the table. we all agree on that. it is not an issue in disagreement. then you can focus on the top 2% of the american people who pay the top tax rates and, of course, entitlement spend
interesting conversations over the weekend was bob corker saying, let's just go ahead, concede to the tax argument, which would flip the entire spotlight onto entitlements, which is what republicans have been trying to get the discussion to be about over the last couple of weeks. >> when you hear about entitlements, why aren't they talking directly, you know, medicare part b koshcosts x, or medicare a, should cost this. the last thing a republican wants to do is say, look, i'm cutting back medicare. so, i mean, if you switch it to entitlements, suddenly everyone has to say, social security goes from 66 to 68. is that what we do? do we means test medicare? it is so much easier for grover who will be on cnbc, forget the fiscal cliff, i will come after you with both barrels. if you vote tax increase. what's more -- do they want to rise above a tax increase? no. do they want to rise above fiscal cliff? no. what they want it do is not rise above the radar screen of raising taxes. and grover is more powerful than a recession. i asked him point-blank on "meet the press," college chum, look, it d
, the fed meeting. what are the proceed right now? >> we've got bob from s&p capital iq. steven wood and gordon shallop. great to have you all on the show. you normally get the priority of speaking first. what are you doing right now? >> right now we're anticipating for volatility. we knew it was going to be a volatile fourth quarter. there's a lot of policy induced volatility. that said, the economy in the united states has not changed that much. it's grinding along. that recovery we've been talking about for a long time. so it's measurably positive, not robustly positive. that's kind of doing battle with just about offsetting some of the policy risk. >> the fear is all that changes if we go over the cliff. >> it would. right now the forecast is there's some compromise. there's a short-term compromise. they buy time. and they use that to get the silhouette of a grand bargain. if they use the time well, the markets could like that. if we do go off the cliff, that's 8% of gdp. >> what's your expectation, bob? >> we put out a research saying the fiscal cliff was going to consume invest
making veterans in their own backyards in their own families. >>> nbc sports bob costas created a whole lot of controversy last sunday night while coming on the news about kansas city belcher having killed his girlfriend before taking his own life. he says if belcher didn't possess a gun he and cassandra would be alive. kostas spent the week defending his comments. here he is on "o'reilly factor." >> i never used the words gun control. i quoted from a column by jason wit lock who was in kansas city for a long time. now is on the fox sports web site in which he mentioned credibly a gun culture in this country. it plays itself out in many ways but it's a mentality about and toward guns that almost always leads to tragedy rather than safety. >> not always leads to tragedy. i think you are a great sports caster. i do. i thought you did a terrific job at the olympics. for the same reason i don't try to do commentary on sports you might want to do a little brushing up on the facts before you comment on the gun culture. 4,000 times a day in this country 4,000 times a day guns are used to preve
than in last year's survey. the highest-paid was bob kerrey who was president of the new school and the york and sold december 2010. the bay area's there waiting in the new year is coming up. it will do most spectacular fireworks party hosted by catherine heenan and gary radnich we will be right back.
we're willing to go book to 39.6%, as bob corker said over the weekend? is it helpful? >> i think it is hopeful for the republicans on the revenue side we're willing to move. i believe in capping deductions. bowles-simpson is bipartisan proposal. "gang of six" senators, three democrats, three republicans. they didn't raise rates. they capped deductions to. raising rates is partisan political trophy for obama. i don't want to go down that road only if they do entitlement reform. i don't hear any democrat of note hering what i would do on the entitlement side. if i were republicans i would be quiet for a while and see what the democrats put on the table for entitlement reform. >> big debate last week republicans saying we will do exactly with you said. we're only going to do cuts in deductions. we'll eliminate loop hoses. -- loopholes. that is what happened over the weekend. seems like over the weekend it dissolved into accepting of raising tax rates. the president said there is no deal unless i get that. that is what i ran on. american people are expecting that. >> here is where th
though some republicans seem to be budging. that is 5:00 p.m. eastern here on fox business. lori: bob corker. i can see in the fluffy slippers. melissa: what did bob corker have to do that? lori: he is the one that suggested that the republicans should accept wealthy tax increases and move on to entitlements. one big money strategist says don't give up on different den stocks quite yet. halfer ford chief investment officer hank smith joins tracy and ashley next on. don't miss it >> we have three weeks of gains and kicking off this week with up arrows. not too far the unchanged line. that seems to be the trend. we're moving higher, slowly but surely. let's take a look at names very key here. watch, first go across the board. the best of the bunch. tech is beaten down lately. now it is coming back. up one quarter of 1%. look at mcdonald's. out with same-store sales for the month of november. much better than, they beat the street for november. october was a terrible month for mcdonald's globally. it was their first month of same store sales they saw a decline in nine years. everybody wa
's bob costas created a controversy while talking about the kansas city chief player jovan belcher killing his girlfriend before taking his life. he says if belcher didn't have a gun he and cassandra would be alive and here he is trying to explain his comments on the o'reilly factor. >> i didn't call for any specific prohibition on guns and i voted from a column by jason whitlock and now on the fox supports website, in which he mentioned a gun culture in this country and it plays itself out in many ways, but it's about and toward guns that almost always leads to tragedy. >> not always leads to tragedy, in fact, mr. costas, i think you're a great sports caster, i really do, i thought you did a terrific job for the olympics, for the same reason i don't try to do commentary on sports you might want to do some brushing up on the facts before you comment on what you call the gun culture. here is the fact. over 4,000 times a day, in this country. 4,000 times a day, guns are use today prevent a crime by private citizens. in fact, there is 50 times more of a likelihood that a private citiz
, craig cook from the university of cincinnati. i remember those guys. i loved them. bob trumping, chris collinsworth. john harwood, thank you. and i was happening that rg3, no real damage, hopefully. comments, questions on anything you see here on squawk, e-mail us, squawk@cnbc.com. >>> still to come, one of the most cited voices since the fiscal cliff, erskine bowles. he he loves the rise above. first, we're going to head to the futures pits in chicago and see which stories are most likely to drive today's trading. as we head to break, some of santa's friends dawned swimsuits this weekend to take part in the santa claus run in budapest, hungary. they did their best to keep moving in below freezing temperatures. to the best vacation spot on earth. (all) the gulf! it doesn't matter which of our great states folks visit. mississippi, alabama, louisiana or florida, they're gonna love it. shaul, your alabama hospitality is incredible. thanks, karen. love your mississippi outdoors. i vote for your florida beaches, dawn. bill, this louisiana seafood is delicious. we're having such a great yea
. before we go, you, bob have been known as the president's ear right for banking. >> i'm very close to him. liz: what is happening with the fiscal cliff, him and boehner. >> listen, they have had great meetings with ceo's. they have had three meetings with ceo's. the president wants a deal. boehner wants a deal. i think it has to be balanced with revenues including increased rates on taxes. i would say at like 75% that there's a deal. liz: well, there's a deal tomorrow when this auction is up. they're incredible. internship at chanel. come on you know a kid that wants that. incredible offers. good luck. good work you're doing, kerry. >> thank you for doing this. liz: kerry kennedy. oh the website, rfccenter.org. >> rfkcenter.org. liz: then you will click on it and see where the auction is. go falconning with rfk, jr., her brother. that's what you would like? david: i would like to go falconning. i would have to bid. liz: 5100. david: that is not bad. for a good cause. liz: always. david: apple and google have become french mys. -- frenemis. they are on a bid for kodak patents. we'll have t
was senator bob corker. here is what he had to say. [video clip] >> realizing that we do not have a lot of cards when it comes to the tax issue before the end of the year. it will leave the presidency and the senate in the hands of the democrats. many people are putting forward a theory that has merit where you go against the president with a 2% increase on the top 2%. all of a sudden the shift goes back to entitlements. all of a sudden once you give him that tax rate, lesser that what he has been talking about, the focus shifts to entitlements and puts us in a place where we can actually do something to save this nation. i am actually beginning to believe that that is the best route for us to take. host: senator corker, saying that there are more republicans willing to do that. you heard him lay out the strategy there. lots of debate in washington about who should give and how much. we are asking you to weigh in on that conversation and tell us what you are willing to sacrifice. this comes from a piece from a few days ago, from "national journal magazine." it is about americans not wil
bob corker was on our air earlier today and he laid out sort of what the political challenges here for republicans. take a listen. >> it sure seems to me that we're negotiating about something that makes it appear that all we are trying to do is protect the rich. er with not at all focused on entitlement changes which is the only thing that will save our country. >> so when the speaker now briefs his republican leadership colleagues about whatever was in that meeting yesterday, the trick for him is going to be to present it in a way that he gets there and continues to have support. there is mumbling and grumbling about a particular challenge to speaker boehner about republican colleagues early in the new year. that is something the speaker would like to avoid. he has it find a way to get a deal and keep his job at the same time. all of that is tricky can be tyler. >> thank you very much. let's go to the exclusive patented trade mark cliff-o-meter. are we closer to a deal? no deal. we call it right now, right in the middle. that is closer to a deal than it was late last week. basica
areas. >> brian: so we can bid on this? >> yeah, there is one by bob dylan. one by ben harper, metallica. >> brian: you're looking to build skate parks, 'cause no one is building them in that area. >> right. and a lot of people skate there. skateboarding. other facilities most are choosing skates, to be honest. so we're trying to provide facilities for them. >> steve: you sell them without the wheels. what if the deal breaker is, i got to have the wheels back on? >> we'll get you some wheels, no problem. >> brian: with the emergence of the x games, do you ever wish you were coming up right now? you were the 19-year-old kid? >> honestly, i love being one of the pioneers, so to speak, and seeing it all develop and it's so amazing to me now that i get to do it into my adult life. i'm thankful for that. so not really. i can't say i'm not benefitting. >> steve: sure, because rather than just being one of the guys who do things, you're the guy who kind of invented a bunch of stuff. >> and it's fun to see the new guys coming up and the counts available to them. >> brian: you say you get nervous
, shows median compensation for the 494 presidents in the survey over $396,000. the highest paid was bob kerrey, who was president of the new school in new york. >> initiative announced a bring text messaging to emergency centers across the country. if the top for wireless carriers in the u.s. have agreed to speed up their efforts to support tax to 911 capabilities make it available by may of 2014. the serbs will not support third-party testing apps or roaming users. >> the white house is expanding its social media are rich, joining the picture and video web site pin terrorist. the obama administration says that that was sure pends and boards that range from inspiring images and close. two in photograph first that help explain key issues. to details about the life inside the white house. the first panelboards will be posted next monday. >> the national hanukkah menorah was led during a ceremony at the nation's capital. thousands of people attended last night lighting ceremony that marked the first day in second night of hanukkah. jeffrey zients a member of president obama cabinet was a
morning. >> host: good morning, bob. >> caller: question. this is a topic that nobody wants to talk about. the interest-rate cut the interest that is paid on the national debt. presently most of our debt is under short term, under 1%. and it's manipulated, of course, by the federal reserve and treasury department. so it's going to go from say 250 billion interest payments up to 7%, the next several years. one half trillion dollars in interest annually on the national debt. wondering, how is that going to impact our military industrial complex in the near future when that actually comes to be? >> that clearly -- the ticking time bomb for any part of the federal government and probably because of. [indiscernible] , the state government. we are in a time of unusually low interest rates. it will continue for a time, but when they rise it is going to be a body blow to the national politics and the country because, as your caller was indicating, the jump from 1% to 7% is such a massive increase in taxes that the only thing i can think of is, can you say greece? >> host: what does it mean for th
minded enough, clear-eyed enough about the russian. bob gates also, who moved over to national security. that little group kind of delayed the process i would say for about six months. the people let state i think were ready to kind of progress, you know, with what had been achieved toward the end of the second reagan administration. but it just really delayed things, because the person who turned that around, and he also deserves a great deal of credit, was jim baker. jim baker did a great job putting together kind of an inter-agency management for this process and the different players and he spent a good deal of time, i would say a year and a half or two years, arrived in moscow with an entourage with the negotiators from cfd of the relevant assistant secretaries. broke them into working groups and i think that process that ros participated in with schivinovski and gorbachev but there was a delay and i don't think it set us back. i don't think there were any problems as a result of that. >> thank you. >> i was just going to say that james baker was named secretary of state the day af
communicators." >> we just saw pennsylvania senator bob casey. >> the committee will come to order. we want to thank everyone for being here today. i did not have a chance to personally greet our witnesses, but i will have time to do that later. i want to thank both of our witnesses for being here. i will have an opening statement that i will make, and then i will turn it to dr. burgess. i know that vice chairman brady will be her as well. we know the challenges that we confront here in congress on a whole range of issues, which are sometimes broadly described under the umbrella of the terminology, fiscal cliff. when we confront those difficult challenges, we have to ask ourselves a couple of basic questions. one of the basic questions we must ask is, what will be the result and will be the impact as it relates to middle income families? what will happen to them in the midst of all these tough issues we have to work out? we know there is broad agreement that going over the so-called fiscal cliff would jeopardize the economic recovery. it would do that by increasing taxes on families, haltin
Search Results 0 to 27 of about 28 (some duplicates have been removed)